Category: Ripple

XRP Price Analysis for March, 27th – XRP Has a Chance to Grow

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, March 27th, the XRP suggests further restoration. However, right now the market has put buying on a halt. The XRP is generally trading at 0.1735 USD. On H4, XRP/USD demonstrates quite a weak trend of correctional growth. The quotations have risen to 23.6% Fibo and now, trying to overcome the upper border of the preceding rectangular channel, are heading for 38.2% …
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XRP Price Analysis for January, 21th – XRP Stabilized

After two days of declining, the XRP stabilized, and on Tuesday it is trading at $0.2364. On D1, the XRP/USD quotations remain inside the long-term bearish channel. However, after a convergence on the MACD, the resistance line of the mid-term channel was broken out. This situation means the development of a mid-term correctional phase which may turn into a full-scale reversal of the current trend. At the moment, the correction …
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